IOST (IOST)

Current price: $ 0.007327

24 hours price change: $ -0.000123 (-1.65%)

Daily analysis of IOST (IOST) - 6 months

The performance of IOST regarding the price differs every day. To make the best decision to buy IOST, we are analysis in this article the performance of IOST on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 6 months, starting on December 17th, 2023 to June 17th, 2024.

In the barchart below, the weekdays and average performance of IOST are shown side by side.

Average daily change in price of IOST per weekday between 12/17/2023 and 06/17/2024.

According to the performance of IOST between December 17th, 2023 and June 17th, 2024, IOST performed the best on Mondays. On average, the price of IOST increased 0.77% on Monday.

The weekday on which the IOST performed the worst, is Sunday. On Sundays, the IOST declined in value on average by -1.34%.

IOST weekday performance

The IOST declines in value on an average Sunday with -1.34%. However, the uncertainty (or standard deviation) is quite large, namely 3.07%. This means that it is not possible to say whether on a regular Sunday the IOST will increase or decrease in value.

Historical performance on Monday do not show an increase in value of the IOST on which a prediction can be made. The IOST increased in value on average on an average Monday with 0.77%. However, the uncertainty of this increase is high. The expected change in value of the IOST on a Monday is between -1.96% and 3.49% (see also the table below).

It is hard to tell whether the IOST will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the IOST is -0.12%. However, the standard deviation on this weekday is 2.61%. This means that on most Tuesdays, the change in value of the IOST is between -2.74% and 2.49%.

It is hard to tell whether the IOST will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the IOST is -0.30%. However, the standard deviation on this weekday is 1.57%. This means that on most Wednesdays, the change in value of the IOST is between -1.87% and 1.27%.

On an average Thursday, the IOST increased 0.42%. However, since the expected deviation is 1.57%, the IOST will decline in value on a Thursday quiet regularly. The expected price change of the IOST on a Thursday is between -1.15% and 1.99%.

IOST increased in value on an average Friday only slightly. The average increase in value of the IOST was 0.27%. Allthough the IOST closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.84%). This means that on 68 percent of the Fridays, the change in price of the IOST is expected to be in the range of -1.57% and 2.10%.

It is hard to tell whether the IOST will increase or decrease in value on an average Saturday. The average change on a Saturday for the IOST is -0.30%. However, the standard deviation on this weekday is 1.32%. This means that on most Saturdays, the change in value of the IOST is between -1.62% and 1.02%.

IOST weekday performance details

Find below the details of the performance of IOST per day of the week. Both the average change in percentage and the standard deviation. The higher the standard deviation is, the higher the variation within the range of average change. Therefore, the 68% range has been added, which represents the change in price on 68% of the days.

Weekday Average change (%) Standard deviation (%) 68% range
Sunday -1.34% 3.07% -4.41% to 1.73%
Monday 0.77% 2.73% -1.96% to 3.49%
Tuesday -0.12% 2.61% -2.74% to 2.49%
Wednesday -0.30% 1.57% -1.87% to 1.27%
Thursday 0.42% 1.57% -1.15% to 1.99%
Friday 0.27% 1.84% -1.57% to 2.10%
Saturday -0.30% 1.32% -1.62% to 1.02%
 

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